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/biz/ - Business & Finance

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18654505 No.18654505 [Reply] [Original]

Should I enter on the up like a true bizraeli? It’s obviously going down one more time right guise? Right?

>> No.18655107

Is it going up or down

>> No.18655182

>>18655107
sometimes it goes up, sometimes it goes down

>> No.18655234

>>18655182
Not the answer I want but the answer I deserve

>> No.18655245

>>18654505
Link is going to zero so buy now and hold all the way down

>> No.18655253

>>18655182
But never both at the same time

>> No.18655297

Just wait till next month, you'll get a chance to buy at $10 after smartcon.

>> No.18655322

>>18655297
Smartcon yeah its not like its cancelled

>> No.18655366

>>18654505
I'll be nice and give a serious reply. There's a lot of resistance at 7500 right now for BTC, and combined with what's going on in the world, and what has happened after every single one of BTC's pumps recently, I would expect a drop back to 7K or 6K, the latter of which will trigger further sell-off and probably cause the price of BTC to go down to 5500 (or below). In other words, wait at least a few days for a correction, but in the coming weeks I think will be pretty big dump in the market. You can get more LINK then. Of course, if you're going to just hold for years this matters less, but it's something to think about.

>> No.18655413

>>18654505
Don't buy this until it's back under $1 unless you like watching your money bleed for 1-2 years.

Get something that hasn't 40x'd from ICO, brainlet. Have you learned nothing?

BUY UND BEFORE MAIN NET.

>> No.18655438

>>18655366
6 green weekly candles during some of the biggest recession to date this is just ridiculous

not even bull markets pumped this hard fuck this clown market

>> No.18655494

>>18655438
It makes no sense, but also unironically bearish. Once the market starts behaving rationally... Gonna dump straight to 1k.

>> No.18655533

>>18654505
>>18655182
>>18655245
>>18655253
>>18655297
>>18655322
>>18655366
>>18655413
>>18655438
>>18655494
Back to >>>/pol/ dude seriously and shame on all of you for giving this gorilla monkey baboon nigger serious replies.

>> No.18655543

>>18654505
just get it over with and fomo market buy RIGHT NOW. if it goes lower, buy more and if it goes higher buy more.

>> No.18655558

>>18655533
>serious replies

>> No.18655588

>>18654505
It will go down but not like the March dumpwhere the global economy crashed. If I wanted to buy more link now I would just DCA.

>> No.18655655

>>18655588
DCA doesn’t do anything

>> No.18655663

>>18654505
>obviously
you from the future?

>> No.18655677

>>18655366
Ok so wait for it to go down over every short term timescale

>> No.18655695

>>18655413
$1 is not hat’nin’
>BUY UND BEFORE MAIN NET
Explain Sir

>> No.18655701

>>18655663
You get it

>> No.18655716

>>18655558
>>18655588
Same digits.

>>18655655
>>18655677
More digits.

kek is here and he wants to guys to lurk before posting or go back to fucking plebbit.

>> No.18655752
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18655752

>>18655716
>using my own digits against me
Shigg

>> No.18655858

don't buy link, it's not worth it. I promise you, you will lose all your money and end up in an insane asylum

>> No.18655955
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18655955

>>18655858
>you will lose all your money and end up in an insane asylum
Where do you think I’m phoneposting from?

>> No.18655973
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18655973

>>18654505
but now and hodl for dear life

>> No.18655995

>>18654505
>>18651790

>> No.18656007
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18656007

>>18654505
Yeah I think you should wait for one more dip. Wouldn't want to buy at this price and get slightly fewer LINK than possible.

>> No.18656032

>>18654505
bitcoin is going down next week that's for sure

>> No.18656042

>>18654505
wait until it dumps to around $2. That's LINK $LINK Chainlink for bots out there. LINK is going to dump to $2. Get your sell orders in.

>> No.18656054
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18656054

>>18656032
it do seem that way don't it

>> No.18656220

>>18655995
I’m reading that and it’s obviously bullish long run but what does it mean for the short term, nothing it would seem

>> No.18656233

>>18656007
I guess that’s sarcasm

>> No.18656281

I know some of you fags are actually not memeing about never selling but you really dont want to hold through an unprecedented economic crisis

chainlink will have its day but right now it is a speculative token that offers no substantial yield. Smart money would try to get out of all markets and be in cash only, survive the coming recession and buy everything dirt cheap.

https://www.investopedia.com/terms/p/pmi.asp
Look up what a PMI index is and search for the PMI of various countries.

>> No.18656303

>>18656281
DR:NS

>> No.18656308

>>18656220

Its incredibly bullish short term as well. Lots of news will be coming out the next few months. Staking by July I would bet

>> No.18656343

>>18656308
I also realized via the wake up call of >>18656007 that if you believe in a technology and think there is every reason for it to go up, then why the fuck would you wait. Ever. Common fucking sense
>NOOOOO it could go down in the short run because mug <news item> xyz people are stupid high blah blah blah wait a couple days you’ll get it at $2!
No. If you believe in it then you believe it’s artificially low and therefore you buy NOW. (Barring extraordinary insider info, possible.) If there is a glaring hole in my logic then by all means correct me.

TL;DR I’m not DCAing, I’m buying 6k link NOW

>> No.18656353
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18656353

>>18656281
>PMI
dear god fuck them for pretending a flu caused this god fucking damn i hate them so much

>> No.18656364
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18656364

>> No.18656409
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18656409

>>18654505
the best time to buy is when you don't want to buy because you think it's going to keep crashing (see: Mar20 sub-2$, Dec19 sub-2$, Dec18 sub-.20cent, July18 sub-.20cent) During those times, it's hard to even pull the trigger, because you think it's gonna keep going down. now is not one of those times, but shit is probably gonna pop off in May so you could also miss a ladder up to double digits

t. all in >2yrs

>> No.18656419

>>18656353
personally suspect it's a planned catalyst

the perfect one too - everything can now be blamed on the virus while orwell-esque policies can be experimented without much backlash

look at how china has been arresting anti-china politicians during the lockdown in taiwan.

US has the exact same law that allows the government to arrest 'dangerous' individuals once nation emergency has been declared

>> No.18656429

>>18656419
hongkong*

>> No.18656481

OP here's what I would do. Buy LINK now. If it drops back to $2(it won't go lower than $1.2 100%), then put your LINK in Binance margin account, borrow Bitcoin or USDT and buy more LINK.

>> No.18656540

>>18654505
It better go back sub 2.5 or I'll kill myself

>> No.18656589

>>18655655
based and hella checked

>> No.18656684
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18656684

>>18655245
>>18655297
>>18655366
>>18655543
>>18655973
>>18655995
>>18656007
>>18656308
Thanks bros. >>18656007 terrorized me into reaching this >>18656343 bulletproof conclusion which means I now have my inner peace stack. Another 2000k next week hopefully.

>> No.18656702

>>18654505
I though the same thing when LINK sent from 0.2 to 0.4, surely this will go lower like all the other times right? Suffice to say it didn't.
So even if it seems very likely that this rally will fail like all the others, keep in mind that it might not.

>> No.18656706

>>18656684
Thank you for your sacrifice. Looks like it will go sub 2.5 after all

>> No.18656721

>>18656706
If you’re a believer, refute >>18656343. You can’t. Information wants to be free.

>> No.18656722

>>18656281
>unprecedented economic crisis
Already priced in senpai

>> No.18656778

>>18656721
Because crypto is following the stock market like a dog at the moment, except crypto can also dump without the stock market dumping. And I believe that the rally for either the stock market and/or crypto is not sustainable in the short to midterm.

Although it is mainly because I sold at 1.75 and I cannot bring myself to buy in now lmao.

>inb4 eth guy
I have decided to wait this shit out or kill myself in case it doesn't drop to acceptable levels. Either works.

>inb4 weak hands/non-believer
I had held through all the highs and lows since the beginning of 2018, but I got greedy and though I could add to my stack, but it was a somewhat calculated decision, since corona hadn't even gotten started in the US by then. Turns out I overestimated the impact of corona short term.

I was depressed that I hadn't sold and expanded my stack by 2.5x, but now I am happy if I can buy back in at a 20-30% loss. I am sure there is a moral lesson in there somewhere.

>> No.18656817

>>18656706
>imagine sacrificing 100x gains and risking 50x gains for a 50/50 chance at 200x gains
Do you know the meanings of the words upside and downside? Why do I come to this board?

>> No.18656833

>>18656778
Don’t be a greedy retard. Do you like the technology? Then invest. Who gives a fuck about volatility.

>> No.18656849

>>18656817
Well, I made one semi emotional decision by selling low. I'm not going to make another one by FOMO in and buy high after such a pump, especially during these uncertain economic times. Either way, it will be a lesson learned.

>> No.18656866

>>18656849
If you believe in it then buy it now without a further thought. No logical reason not to. LITERALLY. Overthinking leads to suicide and it’s rampant on this board. If you are a day or swing trader then do your thing.

>> No.18656876

it´s all so tiresome. Even though I´m massively up on crypto, it has brought more sorrow than joy to my life

>> No.18656887

>>18656866
I've dug my grave and if I'll have to lie in it, so be it.

>> No.18656901

>>18656876
Stop looking at daily price action. Find one you believe in and HODL. Then pursue your passion or join a monastery and maybe be surprised one day that you have a bunch of money. I agree that in general it’s only for adrenaline junkies. But it shouldn’t bring sorrow if you’re smart and wise about it senpai

>> No.18656913

>>18656887
Shut the fuck up dude, are you a cuck, do you want this >>18656007 in your future? Do you want black guys to fuck your crush in front of you too?

>> No.18656922

>>18656876
>I´m massively up on crypto
>it has brought more sorrow than joy
why?

>> No.18656987

>>18656922
Imagine wasting years of your life on biz and growing a portfolio to a couple hundred k then you cash out before the singularity. You will never sleep again.

>> No.18657078

>>18656987
Doesn’t sound like he’s cashed out though, he’s “massively up” and Singularity hasn’t happened.
>wasting years of your life on biz
Not possible